ACE Reports 22.28% Net Profit Rise in Q1 FY27

Action Construction Equipment Ltd (ACE) recently announced its financial results for the first quarter of the fiscal year 2027.

The company made ₹119.49 crore in profit, which is a 22.28% increase from the same time last year.

Their total revenue was ₹785.68 crore, up by 20.49% from last year.

The company's total income was ₹840.29 crore, an increase of 19.49%.

However, their expenses also went up by 18.49% to ₹681.87 crore.

The earnings per share improved to ₹10.04.

The Cranes, Material Handling and Construction Equipment segment did well, with revenue increasing to ₹742.37 crore.

But the Agriculture Equipment segment saw a slight decrease in revenue to ₹45.73 crore.

Overall, ACE had a good quarter with strong growth in most areas.